Tesla, Inc. expects the following costs for the next quarter:

Item	Amount ($)
Fixed Costs	2.5 billion
Variable Cost per Unit	30
Expected Sales Units	150 million

Required:

• Prepare a budgeted income statement for Tesla, Inc.
• Calculate the contribution margin and contribution margin ratio.
• Determine the breakeven point in units.
• Analyze the impact of a 15% increase in variable costs on net income.
• Calculate the margin of safety in sales dollars.